The Philippines has the highest percentage of female investors in the world, according to a new research released by a platform that helps compare brokers online.
Based on BrokerChooser’s study, 44 percent of women in the Philippines are investors. This figure is lower than the 56 percent of males but it is the highest in the world.
BrokerChooser said the relatively high levels of female investors were in a number of Caribbean islands, including Barbados at 39 percent; Trinidad and Tobago, 38 percent; and Jamaica, 37 percent.
“Investors are predominantly male the world over, with the number of male users outnumbering females in every single country around the world and a global split of 76 percent male to 24 percent female,” BrokerChooser said.
“However, this investing gender gap isn’t quite as wide everywhere you look. The Philippines is the country with the highest percentage of female investors, at 44 percent.”
Rounding up the top 10 are Papua New Guinea with 38 percent; Belarus, 36 percent; Hong Kong and Mongolia, 35 percent; and China, 34 percent.
Bangladesh has the lowest proportion of female traders, at just 12 percent. Other countries in the bottom of the list are Saudi Arabia and Somalia at 14 percent; Pakistan, 15 percent; and Brazil, 16 percent.
Globally, investors are predominantly male, with the number of male users outnumbering females in every single country around the world and a global split of 76 percent male to 24 percent female.
Investing experts at BrokerChooser analyzed their internal data to reveal the proportion of female investors, their age range and what devices they use to invest.
All figures sourced from BrokerChooser internal data and show the proportion of BrokerChooser users in each country.
When making comparisons between countries, BrokerChooser omitted any nations with fewer than 1,000 users to avoid anomalies, although these countries were included in the global totals.